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Berger: Why I like Facebook

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Serger Berger, also known as the Steady Trader, is looking to buy Facebook. He says it had a choppy few months but that it's now shown better technical price action. He says the technical information is bullish for the social media company. He also thinks it's heading back to its March and April highs.

Buy: USD 83
Target: USD 86
Stop: USD 81.60